In alignment with the late Paul Allen’s directive, all proceeds from the sale of the Portland Trail Blazers will go to ...

Allen’s directive has been to sell his sports and major holdings in the wake of his death in 2018. One sports holding is for ...

According to the Paul Allen estate, investment bank Allen & Company and law firm Hogan Lovells will be leading the sales ...

The Portland Trail Blazers are for sale. The estate of former owner Paul Allen announced Tuesday that it has begun a process to sell the franchise that is expected to bleed into the 2025-26 season. It ...

Paul Allen’s estate announced that it has begun the process of selling the Portland Trail Blazers. Allen bought the Trail Blazers in 1988, telling the The Associated Press at the time that “for a true ...

Paul Allen's will called for all of his sports holdings, including the Blazers and NFL's Seahawks, to eventually be sold.

The Trail Blazers last reached the postseason in 2020-21, when nine-time all-state Damian Lillard helped it to the first round of the playoffs.

After Paul Allen's passing in 2018, one of his final wishes was to have his possessions - including the Seahawks and Blazers - to be sold off.

Paul Allen’s estate announced Tuesday that it has begun the process of selling the Portland Trail Blazers. The sale of the team is “consistent with Allen’s directive to eventually sell his ...